Make sure you have a complete understanding of the terms and ask for clarification on ambiguous issues before putting your pen on paper. There are several important things you should know about signing a contract. Signing a contract means that you accept the terms agreed to there, including, of course, the end of the good deal you stop. But did you know that some contracts don`t even need to be signed? It`s true. Oral contracts can be legally binding in some cases, but if you want to protect yourself, it`s obvious that it`s a good idea to write them down. .